251.660.5025

Since 1990, Magnolia Mortgage Company has been serving the real estate needs of the Gulf Coast area through out Alabama and Mississippi. Whether you’re buying, building or refinancing your home, our personal service and knowledgeable staff will exceed your expectations.

At Magnolia Mortgage Company, we have your best interest at heart!

MOrtgage news

The latest Mortgage News from Zillow - Mobile, Al

Owning a Home:

Tools and resources for homebuyers

 

Whether you’re just thinking about buying a home or about to close, we help you take control of the process.

 

  Information provided by:     cfpb

Magnolia Mortgage Company!

1550 S. University Blvd. Mobile, Alabama 36609

 

Local:       251.660.5025

 

Fax:  251.661.2835

 

info@magmtg.com

  • Free Pre-Qualification
  • Full Service Lender
  • Very Competitive Rates
  • Local Loan Processing
  • Readers Choice Award Finalist

Before you make an offer on a home

1. Prepare to shop

 

Not sure how to get started, how much you can afford, or what to expect when buying and financing a home? Set yourself up for success with a little bit of preparation.

 

Get started

 

KEY TOOLS

 

Credit report checklist

 

Spending tracker

 

2. Explore loan choices

 

Once you have a pretty good idea of your priorities and budget, you're ready to start home shopping in earnest. Now is also the time to start exploring loan choices and meeting with lenders.

 

Get started

 

KEY TOOLS

 

Understand loan options

 

Explore interest rates

 

After you make an offer on a home

3. Compare loan offers

 

Once you’ve found the right home, it’s time to find the right mortgage. Get official loan offers from lenders, compare your options, and choose the loan offer that's right for you.

 

Get started

 

KEY TOOLS

 

Explore interest rates

 

Loan Estimate explainer

 

 

4. Get ready to close

 

Once you've chosen a mortgage loan, it’s time to focus on the closing process. There will be lots of paperwork to submit and things to keep track of. We lay it out for you step by step.

 

Get started

 

KEY TOOLS

 

Closing checklist

 

Closing Disclosure explainer

 

Guide to closing forms

 

Licenses: Magnolia Mortgage Company, LLC is a HUD, VA and USDA approved lender and is licensed by the Alabama State Banking Department.

Magnolia Mortgage Company may not be able to lend in all states,

please contact us for availability.

 

© 2007 Magnolia Mortgage Company LLC     All Rights Reserved.

License Number Alabama MC 20938;    NMLS 70176;    Mississippi LO-70176

 

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